Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    114 Market St Cadiz, OH 43907-1212

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    114 Market St Cadiz, OH 43907-1212

    View on Map
    • Turn key restaurants
    • 1,980 SF
    Off-Market
    Property ID
    US66-4622334
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Di Angelo's Pizza / Restaurant

    Property Details for 114 Market St

    Year built
    1875
    Construction
    BRICK
    Property size
    1,980 SF
    Property type
    Turn key restaurants
    APN
    05-0001943.000
    APU
    50001943000

    Description

    This exceptional Cadiz, Ohio investment opportunity presents a rare chance to acquire a well-established, multi-faceted business. The property, located at 114 E Market St, comprises a thriving turnkey restaurant, sports bar, and pizza shop, operating successfully for nearly 40 years. Included in the sale are all relevant equipment, furniture, and valuable D1, D2, D3, and D6 liquor licenses. Recent updates include new rubber roofs, two 5-ton AC units, two furnaces, two water heaters, and a water softener, ensuring efficient operation. The property boasts a prime location in Cadiz's town square, benefiting from high daily traffic of approximately 6,000 cars. Adding to the investment potential is a 2-bedroom apartment above the main building, currently occupied by a long-term tenant, providing supplemental income. The property consists of two buildings, spanning 3,180 square feet on a 0.075-acre lot, with two stories and a Class B designation. Built in 1880, this property offers a unique blend of historical charm and modern updates, presenting a compelling opportunity for a savvy investor seeking a turnkey operation with significant income potential. APN: 050001943000, 050001948000. Asking price: $795,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cadiz
    County
    Harrison
    State
    Ohio
    Longitude
    -80.9969
    Latitude
    40.2725

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,208
    $3,050
    $16,170
    $19,220
    -
    $8,710
    $46,200
    $54,910

    Comparable in this City

    • Value Estimation by Request
      3,360 SF

      128 Market St

      RESTAURANT • 3,360 SF
      128 Market St, Cadiz, OH 43907-1206
      View Details
    • Value Estimation by Request
      3,072 SF

      45167 Cadiz Harrisville Rd

      RESTAURANT • 3,072 SF
      45167 Cadiz Harrisville Rd, Cadiz, OH 43907
      View Details
    • Value Estimation by Request
      3,581 SF

      45160 Unionvale Rd

      RESTAURANT • 3,581 SF
      45160 Unionvale Rd, Cadiz, OH 43907-9776
      View Details
    • Value Estimation by Request
      2,838 SF

      124 Main St

      RESTAURANT • 2,838 SF
      124 Main St, Cadiz, OH 43907-1128
      View Details
    • Value Estimation by Request
      1,320 SF

      250 Sr

      RESTAURANT • 1,320 SF
      250 Sr, Cadiz, OH 43907
      View Details
    • Value Estimation by Request
      5,536 SF

      201 Main St

      RESTAURANT • 5,536 SF
      201 Main St, Cadiz, OH 43907-1131
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,950 SF

      Cadiz, Ohio Restaurant Opportunity

      Restaurant property for sale in Cadiz, Ohio.
      636 Lincoln Ave, Cadiz, OH 43907
      View Details
    • $320,000
      Pending

      93.88 Acres Vacant Land

      Vacant land totaling 93.88 acres in Belmont County, Ohio.
      V Sr 26, Bethesda, OH 43907
      View Details
    • Contact for pricing
      151.00 Acres

      Premier Hunting Property in Cadiz, OH

      151-acre hunting property with home, outbuildings, and ponds.
      39000 Lees Run Rd, Cadiz, OH 43907
      View Details
    • $319,900
      1,800 SF

      Cadiz Mixed-Use Investment Property

      Downtown Cadiz: Fully Occupied, High Return
      108 Main St, Cadiz, OH 43907
      View Details
    • Contact for pricing

      Profitable Bowling Alley Business Opportunity

      Established bowling alley on 2.39 acres, ready for new owner.
      300 N Buffalo St, Cadiz, OH 43907
      View Details
    • Contact for pricing

      Cadiz Industrial & Flex Space

      Industrial and flex space in Cadiz Energy Park for sale.
      Industrial Park Rd, Cadiz, OH 43907
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    114 Market St
    Cadiz, OH 43907-1212
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!